Education V Career
What is a brief, written account of personal, educational, and professional qualifications and experience.
Resume
What type of insurance is not recommended for a single adult?
Life insurance
Gross Income-Deductions =
Net Income
Give two examples of an indirect cost for college
books, transportation, dorm furnishings.
What is formatting like a business letter and typically comes before a resume that explains your interest and qualifications
Cover letter
What type of school requires hands on training for a specialized career?
What is a trade school
What type of insurance is an PPO?
100 extra points if you know the acronym
Health Insurance
preferred provider organization.
List Three Voluntary Payroll Deductions
Charitable Dues Health Insurance Union Dues Retirement Savings
______ plans are tax-advantaged accounts that can be used to pay educational expenses from kindergarten through graduate school.
529 Plan
What is skills experience and knowledge a person has, the value an individual contributes to a company.
Human Capital
What is considered a pathway that prepares individuals for the workforce. Typically you receive a skill set.
Apprenticeship
A man is living in NC, aged 38. He is married with two kids. What two types of insurance should this man have?
Health insurance & Life Insurance
What form must you fill out in order to receive federal, state, and/or college financial aid from the federal government. state the actual full name for full points.
Free Application for Federal Student Aid
FAFSA
Annual Report summarizing your total earnings, deductions, and tax withholdings. clue-not a form
Summarize the relationship between education and income. Must hit key points to receive credit.
The higher the education, the higher the income. Individual increases changes of achieving financial goals
Jill broke her leg. Her medical bill is 15,550. Jill's deductible is $500 and co-pay is $50. How much will Jill have to pay out of pocket?
$550
What are the two forms you must fill out with your employer before starting the position?
I9 Form & W4.
How do you find the net price for college?
*Sticker Price-grants, scholarships & loans=net price*
Sticker price - the college’s advertised price for attendance
Net price - what you are expected to pay after grants, scholarships, and loans
Personality traits and interpersonal skills are classified as ________ skills.
_____ skills are specific knowledge, training, or capabilities that allows you to complete a task.
Soft Skills
Hard skills
associates degree-
bachelors degree-
masters degree-
post doctoral degree-
2 years
4 years
6 years
8 years
There are several components that make up your insurance policy.
______ coverage protects you if you are at fault for a collision. It pays for medical expenses and vehicle damage for the other driver & passenger.
What is the difference between itemized deductions and standard deductions. Responses must be clear & accurate.
Standard deduction is a flat $ rate of 13,850 and itemized is qualified deductions.
If a student qualifies for the ________ grant it awards them $7,395 a year for college tuition/expenses. If a student is going to a four year college what is the total amount they could receive using this grant.
Pell Grant
29,580.
What is a specific amount of money the insurer (you) agrees to pay to the insurance company in exchange for financial protect against damages/losses.
Premium